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Business, 14.04.2020 23:39 mackdoolittle1

Johnson Company just paid an annual dividend of $1.75. The next dividend will be paid one year from today. Johnson Company expects a constant growth of 5% in dividends forever. The required rate of return for this company's common stock is 13%. What is the value of one share of common stock?

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Johnson Company just paid an annual dividend of $1.75. The next dividend will be paid one year from...
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